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Terms Used In Alabama Code 45-2A-61

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • utilities board: shall mean the Utilities Board of the City of Foley in Baldwin County, a corporation organized and existing under the authority of Sections 11-50-310 through 11-50-318 and Alabama Code 45-2A-61

As used in this part the words “utilities board” shall mean the Utilities Board of the City of Foley in Baldwin County, a corporation organized and existing under the authority of Sections 11-50-310 through 11-50-318 and contract for conveyance of system in other municipality thereto upon payment in full of indebtedness of corporation as to such systems” class=”unlinked-ref” datatype=”S” sessionyear=”2020″ statecd=”AL” title=”11″>11-50-320 through 11-50-230 through 11-50-273 and Sections 37-4-60 through 37-4-65” class=”unlinked-ref” datatype=”S” sessionyear=”2020″ statecd=”AL” title=”11″>11-50-324.